Core Insights - Palantir has experienced significant stock performance, rising 2,670% since 2023, largely driven by the AI arms race and a new partnership with Nvidia [1][2] Company Performance - Palantir's platform has transitioned from government use to widespread commercial adoption, integrating AI into workflows and capitalizing on the generative AI trend [4] - The partnership with Nvidia allows Palantir's platform to run on Nvidia's GPUs, making it easier for clients to deploy Palantir's software with pre-built solutions, potentially enhancing its attractiveness [5] Financial Results - In Q3, Palantir reported a 63% revenue growth rate, reaching $1.2 billion, with 40% of that revenue converted into net income, indicating strong financial health even before the Nvidia partnership [7]

Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025.Alarm bells went off in 2024 when Singapore unexpectedly emerged as Nvidia's second-largest revenue source. The disclosure fueled widespread speculation that Nvidia's artificial intelligence chips were being channeled to China.Those concerns intensified in January after China's DeepSeek burst onto the international AI scene due to the sophistication and reported cos ...